Uploaded on Nov 3, 2021
Favourable reimbursement coverage in selected countries, technological advancements in capsule endoscopes and rise in incidences of colon cancer will likely to accelerate the growth of the smart pills market in the forecast period of 2020-2027. On the other hand, growing necessity of rapid drug development process will further boost various opportunities that will lead to the growth of the smart pills market in the above mentioned forecast period.
Smart Pills Market Analysis and Forecast to 2027 By Recent Trends
Smart Pills Market Analysis and Forecast to 2027 By
Recent Trends
Smart Pills Market, By Type (Multiparameter Monitoring, Single Parameter Monitoring),
Disease Indication (Occult GI Bleeding, Crohn’s Disease, Small Bowel Tumors, Celiac
Disease, Inherited Polyposis Syndromes, Mental Disorders), Application (Capsule
Endoscopy, Drug Delivery, Patient Monitoring of Cancer), End User (Hospital, Diagnostic
Centers, Others), Industry Trends and Forecast to 2027
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Market Analysis and Insights
Favourable reimbursement coverage in selected countries, technological advancements
in capsule endoscopes and rise in incidences of colon cancer will likely to accelerate the
growth of the smart pills market in the forecast period of 2020-2027. On the other hand,
growing necessity of rapid drug development process will further boost various
opportunities that will lead to the growth of the smart pills market in the above
mentioned forecast period.
Increasing sophistication in smart pills to increase costs and technological incompetence
of capsule endoscopes will likely to hamper the growth of the smart pills market in the
above mentioned forecast period.
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Major Key Players
Some of the major players operating in this market are :
• ACAMP
• BDD Ltd
• Boston Scientific Corporation
• Cerner Corporation.
• FUJIFILM Holdings Corporation
• GENERAL ELECTRIC COMPANY
• MEDTRONIC
• Olympus Corporation
• PENTAX Medical
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Market Segmentation
• By Type (Multiparameter Monitoring, Single Parameter Monitoring)
• By Application (Capsule Endoscopy, Drug Delivery, Patient Monitoring of
Cancer)
• By End User (Hospital, Diagnostic Centers, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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